Investment Objective and Approach

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related instruments across market capitalization. The Schemes will predominantly invest minimum 65% dynamically into Indian equity and equity related instruments across market capitalization.

This is namely, large cap (1-100th company in terms of full market capitalization), mid cap companies (101st -250th company in terms of full market capitalization) and small cap (251st company onwards in terms of full market capitalization) as defined under SEBI circular no. SEBI/HO/IM/DF3/CIR/P/2017/114 dated October 6, 2017 and as may be amended by SEBI from time to time.

This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

The fund's approach focuses on dynamic allocation across market capitalizations, allowing flexibility to capitalize on opportunities across large, mid, and small-cap segments based on market conditions and valuations.

Fund Manager

Vrijesh Kasera is the Current Fund Manager of Mirae Asset Flexi Cap Fund Direct Growth fund. Fund manager : Mr. Vrijesh Kasera managing the scheme since 24th February, 2023.

Professional Background:

- Mr. Kasera has professional experience of more than 16 years and his primary responsibility includes Investment Analysis & Research.

- Prior to this assignment, he was associated with Axis Capital Ltd. as an Equity Research Analyst.

- He has also been associated with Edelweiss Broking Ltd.

- He has done M.B.A. (PGDBM) and CFA (ICFAI).

- Actively manage more than a USD 1 bn of equity assets, with a reasonable track record

Mr. Kasera brings extensive experience in equity research and analysis, having worked with prominent financial institutions before joining Mirae Asset. His qualifications include an MBA and CFA, providing him with strong analytical and investment management capabilities.

About the Fund House (AMC)

Mirae Asset Global Investments is a leading global asset management company with a strong presence in Asia and worldwide operations. Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.

Key Highlights:

- Mirae Asset Global Investments was founded in Asia and now has a presence in 19 countries, where we take a collaborative approach in managing a fully diversified investment platform.

- Our offices are strategically positioned in 16 markets, where our vigorous, team-based approach ensures consistency and continuity in delivering innovative investment solutions and services to clients in over 50 markets.

- Mirae Asset Global Investments' integrated investment platform and expertise provide clients with a full range of progressive solutions across the active, passive and alternative investment universes.

The AMC is known for its research-driven investment approach and has built a reputation for delivering consistent performance across various market cycles. Their global presence and local expertise make them well-positioned to identify investment opportunities across different markets.

Should I Invest in Mirae Asset Flexi Cap Fund?

This fund may be suitable for investors who:

Investment Considerations:

- Seek long-term capital appreciation through equity investments

- Want exposure to companies across all market capitalizations

- Prefer professional fund management with flexibility to adapt to market conditions

- Have investment horizon of at least 5 years

- Can tolerate moderate to high risk levels

Key Investment Metrics (as of latest available data):

- It has an AUM of ₹2,981.66 Crores and the latest NAV decalared is ₹16.224 as on 31 Jul 2025

- Mirae Asset Flexi Cap Fund Direct Growth has given a CAGR return of 22.65% since inception.

- The expense ratio of Mirae Asset Flexi Cap Fund Plan is 0.50 as of 16th May 2025.

- The minimum investment required to start investing in Mirae Asset Flexi Cap Fund - Direct Plan is ₹5,000 for the lump sum option and ₹99 for the SIP (Systematic Investment Plan) option.

Important Considerations:

- Warning: Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.

- Like for all equity funds, you must invest only through the SIP route.

The fund's flexi-cap nature provides diversification benefits and allows the fund manager to optimize allocation based on market opportunities, making it suitable for investors seeking professional equity management with flexibility.

FAQs

What is today's NAV of Mirae Asset Flexi Cap Fund?

The latest declared NAV of Mirae Asset Flexi Cap Fund - Direct Plan, is ₹16.2240 as of 31-Jul-2025. NAV is updated daily and reflects the fund's per-unit value.

What is the AUM of Mirae Asset Flexi Cap Fund?

It has an AUM of ₹2,981.66 Crores and the latest NAV decalared is ₹16.224 as on 31 Jul 2025. The AUM indicates the total value of assets managed by the fund.

What is the expense ratio of Mirae Asset Flexi Cap Fund?

The expense ratio of Mirae Asset Flexi Cap Fund Plan is 0.50 as of 16th May 2025. This represents the annual fee charged for fund management.

What are the returns of Mirae Asset Flexi Cap Fund since inception?

Mirae Asset Flexi Cap Fund Direct Growth has given a CAGR return of 22.65% since inception. The Mirae Asset Flexi Cap Fund was launched on 24th February 2023.

What is the minimum SIP amount to invest in Mirae Asset Flexi Cap Fund?

The minimum investment required to start investing in Mirae Asset Flexi Cap Fund - Direct Plan is ₹5,000 for the lump sum option and ₹99 for the SIP (Systematic Investment Plan) option.

How do I invest in Mirae Asset Flexi Cap Fund?

You can invest in this fund through Allvest by completing your KYC, selecting the fund, choosing investment amount and mode (SIP/lump sum), and making payment. Allvest offers a seamless online investment process with zero commission.

How to start a SIP in Mirae Asset Flexi Cap Fund?

On Allvest, select the fund, choose SIP option, set your monthly investment amount (minimum ₹99), select SIP date, and set up auto-debit from your bank account. Your SIP will begin from the next cycle.

How do I automate an SIP in Mirae Asset Flexi Cap Fund?

Through Allvest, you can set up auto-debit mandate with your bank account during SIP registration. This ensures automatic monthly deduction and investment without manual intervention each month.

How can I withdraw/redeem my investment in Mirae Asset Flexi Cap Fund?

You can redeem your investment through Allvest by logging into your account, selecting the fund, choosing partial or full redemption, and submitting the request. Funds typically reach your bank account within 3-4 working days.